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Price competition and reputation in markets for experience goods : an experimental study

Huck, Steffen; Lünser, Gabriele K.; Tyran, Jean-Robert - 2013

We experimentally examine the effects of price competition in markets for experience goods where sellers can build up reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed (somewhere between the endogenous oligopoly and...

Persistent link: https://www.econbiz.de/10010188722

Price competition and reputation in markets for experience goods : an experimental study

Huck, Steffen; Lünser, Gabriele K.; Tyran, Jean-Robert - 2015 - September 2013, revised March 2015

We experimentally examine the effects of price competition in markets for expe-rience goods where sellers can build up reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed (somewhere between the endogenous oligopoly and...

Persistent link: https://www.econbiz.de/10010498486

Decomposing trust

Engelmann, Dirk; Friedrichsen, Jana; Veldhuizen, Roel van; … - 2023

Trust is an important condition for economic growth and other economic outcomes. Previous studies suggest that the … decision to trust is driven by a combination of risk attitudes, distributional preferences, betrayal aversion, and beliefs … about the probability of being reciprocated. We compare the results of a binary trust game to the results of a series of …

Persistent link: https://www.econbiz.de/10014492180

Exploring the role of trust indicators in the P2P economy : analysis and simulations of an Airbnb market

Fleischer, Aliza; Ert, Eyal; Bar-Nachum, Ziv - 2020

Persistent link: https://www.econbiz.de/10014296997

Extending edgeworth: labour exchange and production

McLure, Michael; Montesano, Aldo - 2020

Persistent link: https://www.econbiz.de/10012549171

Outsourcing motives, competitiveness and taxation

König, Jan - 2010

This paper shows the strategic aspects of international outsourcing in an oligopolistic market, if outsourcing is attractive because of fixed cost savings. We show that outsourcing decisions are strategic substitutes. Furthermore, we demonstrate that due to decreasing individual output,...

Persistent link: https://www.econbiz.de/10008796598

Control, cost, and confidence : perseverance and procrastination in the face of failure

Deimen, Inga; Wirtz, Julia - 2020

Persistent link: https://www.econbiz.de/10012820406

It's not my fault! : self-confidence and experimentation

Hestermann, Nina; Le Yaouanq, Yves - 2018 - Current draft: October 8, 2018

variable environments and revise their self-confidence over time. In contrast, underconfident decision-makers might be trapped …

Persistent link: https://www.econbiz.de/10011930663

Overconfidence and bailouts

Gietl, Daniel - 2018

Empirical evidence suggests that managerial overconfidence and government guarantees contribute substantially to excessive risk-taking in the banking industry. This paper incorporates managerial overconfidence and limited bank liability into a principal-agent model, where the bank manager...

Persistent link: https://www.econbiz.de/10011975913

Does having insurance change individuals self-confidence?

Guber, Raphael; Kocher, Martin; Winter, Joachim - 2018

Recent research in contract theory on the effects of behavioral biases implicitly assumes that they are stable, in the … subjects' self-confidence. Our novel experimental design allows us to disentangle selection into insurance from the effects of …

Persistent link: https://www.econbiz.de/10011899247